Housing costs in Ferguson?
A typical home costs
$139,500, which is 58.7% less expensive than the national average of
$338,100 and 28.2% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Ferguson costs
$750 per month, which is 18.5% cheaper than the national average of
$920 and 2.7% cheaper than the state average of
$770.
Can I afford Ferguson?
To live comfortably in Ferguson (zip 42533), Kentucky, a minimum annual income of
$26,640 for a family, and
$22,800 for a single person is recommended.
What does A.I. say about Ferguson?
The cost of living in 42533 Ferguson, KY is relatively low, making it an attractive place to live for those looking for a more affordable lifestyle. The median home value in the area is $67,400, which is much lower than the national average. Additionally, the overall cost of living index is at 87.3, 6.7 points lower than the U.S. average of 94. This means that goods and services are generally less expensive than elsewhere in the country. For example, groceries are around 9 percent cheaper than the rest of the nation and transportation costs are almost 14 percent lower. All of these factors make 42533 Ferguson, KY an ideal location for those seeking a budget-friendly way of life.